Sunresin New Materials Co Ltd
SZSE:300487
Income Statement
Earnings Waterfall
Sunresin New Materials Co Ltd
Revenue
|
2.8B
CNY
|
Cost of Revenue
|
-1.5B
CNY
|
Gross Profit
|
1.3B
CNY
|
Operating Expenses
|
-370.9m
CNY
|
Operating Income
|
969.8m
CNY
|
Other Expenses
|
-174.5m
CNY
|
Net Income
|
795.3m
CNY
|
Income Statement
Sunresin New Materials Co Ltd
Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||||
Revenue |
308
N/A
|
296
-4%
|
295
0%
|
282
-5%
|
294
+4%
|
333
+13%
|
332
0%
|
370
+11%
|
389
+5%
|
423
+9%
|
444
+5%
|
478
+8%
|
526
+10%
|
531
+1%
|
632
+19%
|
745
+18%
|
893
+20%
|
1 064
+19%
|
1 012
-5%
|
896
-11%
|
899
+0%
|
844
-6%
|
923
+9%
|
1 086
+18%
|
1 043
-4%
|
1 131
+8%
|
1 195
+6%
|
1 234
+3%
|
1 392
+13%
|
1 481
+6%
|
1 920
+30%
|
2 089
+9%
|
2 175
+4%
|
2 319
+7%
|
2 489
+7%
|
2 619
+5%
|
2 776
+6%
|
2 804
+1%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(192)
|
(186)
|
(187)
|
(183)
|
(190)
|
(213)
|
(206)
|
(232)
|
(237)
|
(257)
|
(265)
|
(291)
|
(326)
|
(330)
|
(372)
|
(431)
|
(486)
|
(554)
|
(508)
|
(448)
|
(464)
|
(446)
|
(493)
|
(593)
|
(579)
|
(637)
|
(662)
|
(723)
|
(815)
|
(877)
|
(1 075)
|
(1 173)
|
(1 198)
|
(1 241)
|
(1 280)
|
(1 385)
|
(1 459)
|
(1 463)
|
|
Gross Profit |
116
N/A
|
111
-5%
|
109
-2%
|
99
-9%
|
104
+6%
|
120
+15%
|
127
+6%
|
139
+9%
|
152
+10%
|
165
+9%
|
179
+8%
|
187
+4%
|
200
+7%
|
201
+1%
|
261
+29%
|
314
+21%
|
406
+29%
|
510
+26%
|
504
-1%
|
448
-11%
|
436
-3%
|
399
-8%
|
430
+8%
|
493
+15%
|
464
-6%
|
494
+7%
|
533
+8%
|
510
-4%
|
577
+13%
|
604
+5%
|
845
+40%
|
916
+8%
|
977
+7%
|
1 078
+10%
|
1 208
+12%
|
1 234
+2%
|
1 317
+7%
|
1 341
+2%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(50)
|
(47)
|
(57)
|
(56)
|
(61)
|
(66)
|
(69)
|
(73)
|
(79)
|
(82)
|
(90)
|
(86)
|
(92)
|
(96)
|
(112)
|
(119)
|
(154)
|
(193)
|
(217)
|
(208)
|
(191)
|
(179)
|
(178)
|
(169)
|
(160)
|
(160)
|
(186)
|
(169)
|
(217)
|
(235)
|
(290)
|
(331)
|
(314)
|
(309)
|
(379)
|
(366)
|
(374)
|
(371)
|
|
Selling, General & Administrative |
(46)
|
(45)
|
(37)
|
(52)
|
(54)
|
(58)
|
(49)
|
(65)
|
(74)
|
(78)
|
(65)
|
(82)
|
(88)
|
(88)
|
(72)
|
(94)
|
(111)
|
(136)
|
(148)
|
(161)
|
(153)
|
(147)
|
(114)
|
(100)
|
(86)
|
(82)
|
(103)
|
(115)
|
(141)
|
(155)
|
(202)
|
(212)
|
(201)
|
(196)
|
(233)
|
(221)
|
(232)
|
(227)
|
|
Research & Development |
0
|
0
|
(19)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(26)
|
0
|
0
|
(5)
|
(33)
|
(24)
|
(47)
|
(60)
|
(58)
|
(58)
|
(49)
|
(47)
|
(45)
|
(70)
|
(71)
|
(74)
|
(66)
|
(75)
|
(98)
|
(104)
|
(108)
|
(133)
|
(125)
|
(130)
|
(131)
|
(157)
|
(161)
|
(163)
|
|
Depreciation & Amortization |
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(32)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(4)
|
(3)
|
(0)
|
(4)
|
(7)
|
(8)
|
(0)
|
(8)
|
(5)
|
(4)
|
1
|
(4)
|
(4)
|
(2)
|
3
|
(1)
|
4
|
3
|
6
|
11
|
11
|
15
|
9
|
1
|
(3)
|
(5)
|
15
|
20
|
22
|
24
|
51
|
14
|
12
|
16
|
17
|
12
|
20
|
20
|
|
Operating Income |
66
N/A
|
63
-5%
|
52
-18%
|
43
-18%
|
44
+2%
|
53
+23%
|
58
+9%
|
66
+14%
|
73
+11%
|
83
+14%
|
89
+6%
|
101
+14%
|
108
+7%
|
106
-2%
|
149
+40%
|
195
+32%
|
253
+29%
|
318
+26%
|
288
-9%
|
240
-16%
|
245
+2%
|
220
-10%
|
253
+15%
|
324
+28%
|
304
-6%
|
334
+10%
|
347
+4%
|
342
-2%
|
361
+6%
|
369
+2%
|
555
+50%
|
585
+5%
|
663
+13%
|
769
+16%
|
829
+8%
|
868
+5%
|
943
+9%
|
970
+3%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1
|
2
|
7
|
7
|
9
|
10
|
11
|
11
|
8
|
5
|
(2)
|
(9)
|
5
|
15
|
16
|
11
|
2
|
6
|
(3)
|
9
|
0
|
(32)
|
(38)
|
(40)
|
(45)
|
(25)
|
(0)
|
(4)
|
32
|
62
|
57
|
94
|
114
|
68
|
(11)
|
(11)
|
(52)
|
(50)
|
|
Non-Reccuring Items |
0
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
1
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
4
|
4
|
4
|
2
|
1
|
2
|
2
|
1
|
23
|
21
|
22
|
22
|
0
|
1
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
2
|
3
|
4
|
2
|
(1)
|
(1)
|
(1)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
|
Pre-Tax Income |
72
N/A
|
69
-4%
|
59
-16%
|
51
-13%
|
54
+5%
|
66
+22%
|
71
+8%
|
78
+10%
|
104
+33%
|
109
+5%
|
108
-1%
|
114
+5%
|
114
0%
|
121
+6%
|
164
+36%
|
206
+26%
|
254
+23%
|
323
+27%
|
284
-12%
|
248
-12%
|
244
-2%
|
188
-23%
|
217
+16%
|
287
+33%
|
262
-9%
|
311
+19%
|
347
+11%
|
337
-3%
|
392
+16%
|
431
+10%
|
612
+42%
|
679
+11%
|
778
+15%
|
837
+8%
|
817
-2%
|
857
+5%
|
891
+4%
|
919
+3%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||
Tax Provision |
(10)
|
(10)
|
(8)
|
(7)
|
(7)
|
(8)
|
(9)
|
(11)
|
(14)
|
(15)
|
(15)
|
(16)
|
(14)
|
(19)
|
(22)
|
(29)
|
(31)
|
(38)
|
(36)
|
(31)
|
(24)
|
(11)
|
(21)
|
(32)
|
(32)
|
(39)
|
(42)
|
(37)
|
(40)
|
(50)
|
(77)
|
(87)
|
(89)
|
(92)
|
(96)
|
(100)
|
(108)
|
(117)
|
|
Income from Continuing Operations |
62
|
60
|
51
|
44
|
47
|
58
|
62
|
68
|
90
|
94
|
93
|
98
|
99
|
102
|
142
|
177
|
222
|
285
|
248
|
218
|
221
|
177
|
196
|
256
|
231
|
272
|
305
|
299
|
352
|
381
|
535
|
591
|
688
|
745
|
722
|
757
|
783
|
803
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
2
|
2
|
3
|
2
|
3
|
4
|
5
|
8
|
7
|
7
|
6
|
3
|
5
|
5
|
6
|
6
|
3
|
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
(8)
|
(7)
|
|
Net Income (Common) |
62
N/A
|
60
-4%
|
51
-15%
|
44
-13%
|
47
+6%
|
58
+22%
|
62
+7%
|
68
+9%
|
90
+34%
|
94
+4%
|
93
-1%
|
99
+6%
|
100
+2%
|
103
+3%
|
143
+38%
|
179
+25%
|
225
+25%
|
287
+27%
|
251
-12%
|
222
-12%
|
225
+2%
|
185
-18%
|
202
+9%
|
263
+30%
|
236
-10%
|
276
+17%
|
311
+13%
|
304
-2%
|
358
+18%
|
387
+8%
|
538
+39%
|
591
+10%
|
686
+16%
|
742
+8%
|
717
-3%
|
752
+5%
|
775
+3%
|
795
+3%
|
|
EPS (Diluted) |
0.42
N/A
|
0.29
-31%
|
0.29
N/A
|
0.22
-24%
|
0.24
+9%
|
0.29
+21%
|
0.31
+7%
|
0.34
+10%
|
0.46
+35%
|
0.48
+4%
|
0.46
-4%
|
0.5
+9%
|
0.5
N/A
|
0.51
+2%
|
0.71
+39%
|
0.88
+24%
|
1.13
+28%
|
1.38
+22%
|
1.16
-16%
|
1.07
-8%
|
0.95
-11%
|
0.8
-16%
|
0.97
+21%
|
1.2
+24%
|
0.7
-42%
|
0.86
+23%
|
0.63
-27%
|
0.92
+46%
|
1.04
+13%
|
0.77
-26%
|
1.07
+39%
|
1.17
+9%
|
1.38
+18%
|
1.48
+7%
|
1.41
-5%
|
1.47
+4%
|
1.52
+3%
|
1.55
+2%
|